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The founding meeting and first shareholders' meeting of Chongqing Hongbao Technology Co., Ltd., as well as the first meeting of the first board of directors and the first meeting of the first supervisory board, were successfully held
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Chongqing Hongbao Technology Co., Ltd. (hereinafter referred to as the "Company") held its inaugural meeting and the first shareholders' meeting, the first meeting of the first board of directors, and the first meeting of the first board of supervisors on October 21, 2021, in the company's Fuhang Tiandi meeting room. The meetings were all chaired by Mr. Liu Yunchuan. All shareholders and shareholder representatives, director candidates, supervisor candidates, employee supervisors, and representatives of various intermediary institutions attended the meetings. A total of 9 shareholders (or shareholder representatives) attended the meeting, representing 70 million shares with voting rights, accounting for 100% of the company's total share capital.

General Manager Liu Yunchuan chaired the meeting
The Company's inaugural meeting and the first shareholders' meeting unanimously approved the "Report on the Preparatory Work of Chongqing Hongbao Technology Co., Ltd." and the "Resolution on the Overall Change of Chongqing Qingyun Petroleum Engineering Technology Co., Ltd. to a Joint-Stock Limited Company." The meeting also approved the "Articles of Association of Chongqing Hongbao Technology Co., Ltd." and other documents.
The first meeting of the first board of directors unanimously elected Mr. Liu Yunchuan as the chairman and legal representative of the company, unanimously agreed to appoint Mr. Liu Yunchuan as the general manager of the company, unanimously agreed to appoint Liu Yungang, Zong Tao, and Zhang Lixia as deputy general managers of the company, unanimously agreed to appoint Zhang Lixia as the company's board secretary, and unanimously agreed to appoint Liu Yunchuan as the company's chief financial officer.
The first meeting of the first board of supervisors unanimously elected Dong Xiaoguang as the chairman of the first board of supervisors of Chongqing Hongbao Technology Co., Ltd.
The successful convening of this meeting marks a new starting point for the company, which will move towards higher and further development goals. Subsequent work will still need to be vigorously promoted by the relevant personnel of various departments of the company. (Note: The company name "Chongqing Hongbao Technology Co., Ltd." will be officially used after the completion of the business registration change procedures. A formal notice will be issued separately at that time.)
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